Being industrious and an insomniac has its advantages. But as a friend said to me a long time ago, you always get plenty of sleep when you’re dead so I decided to take a graphic look at Sheila’s handiwork under the Obamanation and plot the locations of every bank closing thus far this year, all 45 of them. If this catches on in popularity, I’ll add the credit unions next week after the next wave of FDIC closings.
All information comes directly from the FDIC Failed Bank List.
When you look at it like this, you realize this is a pretty weird map. California is well represented but Florida which has been one of the nuclear waste sites for the housing collapse has had only 3 failures thus far in 2009. There has been a lot of discussion about the unusual number of failures in Georgia and the fact that most of them have been around the Atlanta area so I thought a zoom in on the map would be in order:
If you’re interested in seeing this updated each week gang, just respond to this thread and I’ll keep it up to date now that I have the database established.
